Topic: [Donated $2k+ To Charity] Clean Water Coin: A Crypto Charity (Pure PoS) - page 143. (Read 195732 times)

I am going to look at this as innocent until proven guilty.

If you look back at the large wall of red text which I am not going to quote as it just kept going on and on, the address that sent the 13 BTC only received 48 BTC on March 7th and sent 13 BTC 2 hours after launch.

Isn't it quite possible that this escrow service had two wallets, one of which the investor sent his 13 BTC to, and the other that the escrow service used to then send 13 BTC to the PLC address, thereby protecting the identity of this investor who wants to keep themselves anonymous?

To me this proves reasonable doubt and I would not convict CWC as having scammed the other investors, and at this point what's done is done. If you're an investor and you want to make money off of CWC, stop complaining about the coin that you have invested in and instead, promote and get this coin off the ground!

Can't help myself, using charitable causes to cover shady moves put me in rage mode. Money involved or not.
Don't get me wrong, i really wish too see more crypto project involving charity, but they must be 100% transparent.

If you are unable to do that, go create another city, animal, "slidebelt", or whatever coin, that doesn't involve Charity.

so what if an IPO payment was made slightly after the launch

if you invested why aren't you trying to protect your investment now by not trashing the thread?  why contact the founders privately and try to resolve - what invester publically tries to trash their own investment?

also the team behind water obviously need funding to get the project off the ground, suggesting they are trying to make a quick buck is a bit much at this stage i think

this seems like a great project in the making, give them a break

cheers

Basically, someone watched how much was being invested at launch, decided to put a percentage of his or her stash in CWC. All of the BTC made from the coins will go towards keeping the project going, which makes perfect sense. That is how this non-profit works. Once you have the coin up and running, the charity donation come from the volume of sales.

Non-profits will be required to keep detailed public records of all financial transactions. The app for non-profit status puts them under the eye of regulators (who may or may not be effective in policing non-profit start-ups dealing with currency swaps). Buying a portion of the PLC makes no sense, since they (the devs) have all the BTC from the PLC "sales", but lost half their pre-mined coins to people at bargain basement prices compared to what they could have got just from doing what they already said they were going to do, then selling all 10MIL when they were at the peak of the media attention and community fervor. There is no reason for them to have bought 13 BTC of their own coins, at least no reason that makes it worthwhile.

If this coin performs half as well as some others that didn't have the image potential this coin has, I will have made a good investment choice, regardless of my heavily BTC-laden friend who got in under the line.

Moving forward!